Articles & Publications

Last week the IRS issued a statement that the new compliance questions issued in December 2015 on the Form 5500 series do not need to be completed for the 2015 plan filing year. The IRS originally introduced these questions. Read More >>

Understanding the 80-120 Participant Rule When it comes to determining the size of your employee benefit plan, nothing seems to cause more confusion among plan sponsors than the so-called “80-120 Participant Rule.” In general, Department of Labor (DOL) regulations. Read More >>

In the absence of an officially designated — and properly structured — investment committee, your company’s executives and board of directors may find themselves assuming fiduciary responsibilities that they may not have been aware. However, by designating a committee. Read More >>

Our long-standing commitment to audit quality is more important than ever in light of the U.S. Department of Labor’s (DOL’s) recently issued Audit Quality Study. BMF been a member of the AICPA’s Employee Benefit Plan Audit Quality Center since. Read More >>

Selecting competent service providers and advisors is one of a plan sponsor’s most important responsibilities. But the responsibility doesn’t end there — the Department of Labor specifically tasks fiduciaries with periodically monitoring the activities of each service organization to. Read More >>

Among the many tax extender provisions in the newly signed Tax Increase Prevention Act of 2014 (the “Act”) was a provision that could potentially affect multi-employer defined benefit pension plans, such as union plans or groups of companies sharing. Read More >>

The Internal Revenue Service (IRS or Service) recently issued guidance on how qualified retirement plans must treat the marriages of same-sex couples. The notice provides an effective date and retroactive effect for implementing the Windsor decision as well as. Read More >>

The Internal Revenue Service (IRS) recently published final regulations regarding the reduction or suspension of safe harbor contributions to 401(k) and 403(b) plans under the Internal Revenue Code (Code). These regulations revise and supersede the proposed regulations that were. Read More >>